![ITAT directs Income Tax Dept to re-examine Kolkata Police Pre-Paid Taxi Booth Society’s claim for 12AA Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Pre-Paid-Taxi-Booth-ITAT-Taxscan.jpeg "ITAT directs Income Tax Dept to re-examine Kolkata Police Pre-Paid Taxi Booth Society’s claim for 12AA Registration [Read Order]")
ITAT directs Income Tax Dept to re-examine Kolkata Police Pre-Paid Taxi Booth Society’s claim for 12AA Registration [Read Order]
In a major relief to the Kolkata Police Pre-Paid Taxi Booth Society, the Income Tax Appellate Tribunal (ITAT)has directed the income tax department to...
![ITAT deletes addition for Unexplained Jewellery supported by Purchase Bills and Books of Accounts [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Jewellery-CBDT-ITAT-Taxscan.jpg "ITAT deletes addition for Unexplained Jewellery supported by Purchase Bills and Books of Accounts [Read Order]")
![Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a Reserved Fund [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a Reserved Fund [Read Judgment]")
![Interest Tax leviable even if Company’s Main Object is not Finance: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Interest Tax leviable even if Company’s Main Object is not Finance: Gujarat HC [Read Judgment]")
![No Additional Tax Demand u/s 143(1)(a) If there was No Intention to Evade Tax: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Input-Tax-Credit-Supreme-Court-Taxscan.jpg "No Additional Tax Demand u/s 143(1)(a) If there was No Intention to Evade Tax: Supreme Court [Read Judgment]")
Delhi HC directs Commissioner of Income Tax to examine Claims and Grant Refunds to Ericsson [Read Judgment]
The Delhi High Court has directed the Commissioner of Income Tax to examine the claims and grant refunds to Ericsson. The Court also held that the entire amount, with the approval of the Principal...
![Delhi HC directs Commissioner of Income Tax to examine Claims and Grant Refunds to Ericsson [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-19-9.jpg "Delhi HC directs Commissioner of Income Tax to examine Claims and Grant Refunds to Ericsson [Read Judgment]")
CBDT notifies the 'Designated Authorities' for Accepting Applications under DTVSV Act [Read Notification]
The Central Board of Direct Taxes(CBDT) has notified the jurisdictional Commissioners of Income-tax as 'Designated Authority' under the Direct Tax Vivad Se Vishwas Act ( DTVSV Act ). According to...
![CBDT notifies the Designated Authorities for Accepting Applications under DTVSV Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-19-10.jpg "CBDT notifies the Designated Authorities for Accepting Applications under DTVSV Act [Read Notification]")
Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]
The Bombay High Court while affirming the right of the assessee and held that the deduction which is not claimed earlier can be claimed during the proceeding under Section 151A. In the case of...
![Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/Bombay-High-Court-Taxscan.jpg "Deduction not claimed earlier can be claimed during the proceeding under Section 151A: Bombay HC [Read Judgment]")
No Prohibition in Set off of Loss against 'Income from Other Sources' prior to 2017 Amendment: ITAT [Read Order]
While deleting a revisional order, the Cochin bench of the Income Tax Appellate Tribunal (ITAT) has held that there is no prohibition under the Income Tax Act, 1961 to set off the loss against the...
![No Prohibition in Set off of Loss against Income from Other Sources prior to 2017 Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-16-1.jpg "No Prohibition in Set off of Loss against Income from Other Sources prior to 2017 Amendment: ITAT [Read Order]")
Supply of Software and Other Services are not Royalty or FTS, not Taxable: Delhi HC [Read Judgment]
The Delhi High Court on a writ petition filed by PARADIGM GEOPHYSICAL PVT LTD held that the supply of software and other services are not Royalty/ Fees for Technical Services(FTS) and therefore, the...
![Supply of Software and Other Services are not Royalty or FTS, not Taxable: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Software-Services-GST-Taxscan.jpg "Supply of Software and Other Services are not Royalty or FTS, not Taxable: Delhi HC [Read Judgment]")
Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]
The Supreme Court held that the tax deduction is available on profits under the business head for Infrastructure development facility under section 80ÂIA of the Income Tax Act. The partnership firm Â...
![Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/12/ITAT-tax-deduction-income-tax-Taxscan.jpg "Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]")